GM Loses $9.6 Billion in Fourth Quarter
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GM Loses $9.6 Billion in Fourth Quarter

General Motors posted a $9.6 billion net loss in the fourth quarter of 2008, and…

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Treasury Preparing for Bankruptcy Loan for GM and Chrysler
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Daily auto finance news

Treasury Preparing for Bankruptcy Loan for GM and Chrysler

It seems that the U.S. Treasury is expecting GM and Chrysler to file bankruptcy in…

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Saab Files for Bankruptcy
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Daily auto finance news

Saab Files for Bankruptcy

Saab filed for bankruptcy Friday with the intention to be spun off or sold by…

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GM Puts 10,000 More Jobs on the Chopping Block
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Daily auto finance news

GM Puts 10,000 More Jobs on the Chopping Block

One day after Nissan said it will cut 20,000 jobs, GM announced it will slash…

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A Few Car Makers See an Increase in January Sales Figures; Chrysler Down 55%
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Daily auto finance news

A Few Car Makers See an Increase in January Sales Figures; Chrysler Down 55%

As if December’s sales numbers weren’t bad enough, it looks like January is turning out…

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